Posts tagged “Vivek Wadhwa”
Former Triangle tech executive Vivek Wadhwa's column in The Washington Post "Five myths about entrepreneurs" ignites a pointed response from a venture capitalist - the "worst analysis of entrepreneurship and VCs ever."
"This period of history has been called the Information Age because it makes available instant access to knowledge that would have been difficult or impossible to find previously. I would argue that we are way beyond this; we're at the beginning of a new era: the New Information Age," writes Triangle entrepreneur and academic Vivek Wadhwa.
Analysis from Vivek Wadhwa: This new legislation is even better than I had hoped for. If it gets through both houses--and doesn't have bureaucratic constraints--I expect it to unleash a flood of entrepreneurship.
Commentary from Vivek Wadhwa: At a time when our economy is stagnating, some American political leaders are working to keep the world's best and brightest out. They mistakenly believe that skilled immigrants take American jobs away. The opposite is true: skilled immigrants start the majority of Silicon Valley startups; they create jobs.
Analysis from Vivek Wadhwa: A new book by Sarah Lacy argues that the U.S. should heed entrepreneurs pushing "Big Ideas" in developing countries, from China to Brazil.
Analysis: “The National Security Agency and some branches of government have brilliant computer scientists working for them and can defend their own systems; but the rest of us are our own,” writes tech entrepreneur Vivek Wadhwa. “The government simply can’t innovate fast enough to keep pace with the pervasive threats and dynamics of the internet or Silicon Valley’s rapidly changing technologies.”
Editor’s note: Guest writer Vivek Wadhwa is an entrepreneur turned academic. He is a Visiting Scholar at the School of Information at UC-Berkeley, Senior Research Associate at Harvard Law School and Director of Research at the Center for Entrepreneurship and Research Commercialization at Duke University. You can follow him on Twitter at @vwadhwaand find his research at www.wadhwa.com.
Analysis: Russia has many challenges. Foreign investors are discouraged by rules of law that fail to match countries such as the U.S. and Western Europe; bureaucracies are confusing and cumbersome; corruption is rampant and is even seeping into the education system; powerful oligarchs dominate key industries; and secrecy in R&D is the norm. Until these problems are fixed, tech entrepreneurship simply can’t flourish.
The harsh reality is that in the tech world, companies prefer to hire young, inexperienced engineers. And engineering is an “up or out” profession: you either move up the ladder or face unemployment. This is not something that tech executives publicly admit, because they fear being sued for age discrimination, but everyone knows that this is the way things are.
In software, patents are just nuclear weapons in an arms race. They don’t foster innovation, they inhibit it. That’s because things change rapidly in this industry. Speed and technological obsolescence are the only protections that matter. Fledgling startups have to worry more about some big player or patent troll pulling out a big gun and bankrupting them with a frivolous lawsuit than they do about someone stealing their ideas.
“I really believed that this cool new device would solve the world’s technology problems and reduce the number of electronic gadgets I had to carry around,” writes entrepreneur and university professor Vivek Wadhwa. He now says he was wrong.
Analysis from Vivek Wadhwa: If the young girls I met in India can rise above poverty, alcoholism, gender bias, domestic violence, marriage pressures, religious oppression, and a wide range of complex social and economic obstacles through pure hard work and determination, so can underprivileged communities in the U.S.